Bulgaria Joins Belgium, Italy and Malta in Cautious EU Position on Frozen Russian Assets

Italy, Bulgaria, Malta and Belgium have issued a joint statement expressing reservations about the European Union’s plan to use frozen Russian assets as the basis for a large-scale financial mechanism to support Ukraine. The four countries have aligned themselves with Belgium’s call to explore alternative approaches to the proposed scheme, which is built around roughly €210 billion in Russian sovereign assets held in the EU, equivalent to about 410 billion leva.Further reading: EU Finally Acts: Russian Assets Locked, Clearing Way for Massive Loan to Ukraine...Weiter zum vollständigen Artikel bei Novinite Weiter zum vollständigen Artikel bei Novinite